What Are HRM Practices?

810 Words2 Pages

HRM practices are effective when they support an organization’s goals and objectives. By contributing to employee and customer satisfaction, innovation, productivity and development, HRM practices are strategically enhancing the profit-ability, quality and other company goals. There are several HRM practices, but the three most common are recruiting and selection, training and development and performance management. All the HR practices are related to each other and align with the organization’s goals and needs (Fontaine, 2011). Recruiting and Selection Horizon Enterprises core competency is innovation and employees with this talent cannot be found from advertisements on job boards or from the traditional resume review and interview process. …show more content…

They also have a corporation of 1500 people. In order to stimulate business growth, Horizon Enterprises needs to develop the talent by concentrating on the top management groups. HRM should direct senior talent evaluation reviews twice a year with the leaders of the operating committee, human resources and other important units in the organization. The leaders are each met with to discuss their strengths, weaknesses, ways of improvement, and their options for career promotions. This is important because it will enable the organization to have the necessary talent in the top management roles so the company can expand and acquire clients from General Electric and other competitive companies. In order to play a strategic role in training and development, HRM should ask, “What is the HR doing to ensure that the right group with the right skills are doing the right things in the jobs that are important for the execution of the business strategy” (Fontaine, …show more content…

A good training plan for Horizon Enterprises is Lean Thinking. All employees are involved in the process to get rid of waste from all departments including manufacturing, administration, and sales. This will increase productivity, reduce manufacturing times and lessen the time it takes to complete and ship an order once a sales order is placed. Lean Thinking still satisfies customers, but with less effort, time, equipment and space (Fontaine, 2011). HRM can work with the management of the departments to implement Lean Thinking. This practice strategically supports Horizon Enterprises goals because it will give them an advantage with the competition. By marketing, producing and selling faster, they free up time so they can focus on innovation and introduce new

Open Document